Brazil imported US$240.8 billion worth of products sourced from around the globe in 2023. That dollar amount reflects a 35.8% increase compared to $177.3 billion five years earlier during 2019. Year over year, the overall cost of goods imported into Brazil retreated by -11.7% from $272.7 billion in 2022. Based on the average exchange rate for 2023, the Brazilian real has … [Read more...] about Brazil’s Top 10 Imports
Countries
Mississippi’s Top 10 Exports
Nicknamed “The Magnolia State” and “The Hospitality State” located in America’s Southern region, Mississippi shipped US$14.3 billion worth of exported products around the globe in 2023. That dollar amount reflects a 39% advance from $10.3 billion back in 2020. Year over year, the overall value of good exported from Mississippi fell by -11.4% compared to $16.1 billion for … [Read more...] about Mississippi’s Top 10 Exports
Australia’s Top 10 Imports
Australia imported US$275.7 billion worth of products from around the globe in 2023. That dollar amount reflects a 28.7% increase in spending 27.1% from $214.3 billion that Australia paid for imports during 2019. Year over year, the total cost of Australian imports fell by -5% compared to $290.1 billion in 2022. Based on the average exchange rate for 2023, the Australian … [Read more...] about Australia’s Top 10 Imports
Top South African Trading Partners
Formerly called Zuid-Afrika, South Africa continues to face international trade challenges related to its geographic distances from South African trading partners like mainland China, Germany and the United States of America. South Africa exported US$110.5 billion worth of products around the globe in 2023. That dollar amount results from a 22.2% increase compared to $90.4 … [Read more...] about Top South African Trading Partners
South Korea’s Top 10 Exports
Nicknamed the Land of the Morning Calm, South Korea’s exports totaled US$632.2 billion during 2023. That dollar total results from a -7.5% year-over-year decline from $683.6 billion in 2022. Enlarging to a 5-year time frame, the value of South Korean exports grew by 16.6% compared to $542.3 billion for 2019. Based on the average exchange rate for 2023, the South Korean won … [Read more...] about South Korea’s Top 10 Exports